Hi, this is the official thread for the FCPPC low buyin event. If you couldnt figure out that from the title, go kill yourself. Now that I got that out of the way, onto business. All announcements and such for this event will now be made here instead of the original thread found here. Here is the website where you can find schedules, results, and more...http://home.comcast....FCPPC/index.htmBelow is all the information in the original thread...Money is due by the end of AugustIf you do not pay by then, your seat will be forfeited.To pay, first, you must put the buyin amount ($50 or $250) into your cashiers account, then email bob at pokermanager@fullcontactpoker.com with your forum and poker room name, and buyin, from the email address listed under your poker account. he will then extract the money from your account, let me know, and you will be in. Please note he has a player list, so no trying to sneak in!Format: Based off of Poker Superstars 2/324 players, each playing 5, 6 player prelim matches, with points given for finishing position.The top 16 advance into 4 seeded groups of 4, who will play 2 matches each, top 2 finishers in each group advance.Those 8 will be split into 2 groups of 4 and will play one match each, top 2 advancing to the semis.Semis are a best 2 of 3 heads up match, with the winners advancing to the best 3 of 5 finals.Schedule: 90% sure Prelim matches will take place on weeknights (excluding wednesday) between 9-10 EST starting after labor day. Saturday is also possible but not preferred.Players will play once a week during prelims, each playing 5 matches, playing everyone else at least once hopefully. Round of 20 will take place in week 6 and 7, same schedule, once again each player playing once a week.Week 8 will close out with the 2 quarterfinal matches, the two semifinal best of 3 series, and closing with the best of 5 finale. As this schedule is so spread out, the low and high buyin events will more than likely be run simultaniously.RULES:Table Setup:Game - No Limit Hold'emBuy in - $5+.50Blind Structure - Slow (15 minute levels)Starting Chip Stack - 1,500Tournament Structure:This is a multi-round tournament with 32 entrantsPreliminary Stage - Each player plays 5 preliminary matches against 7 opponents, with points given for place.1st-10 pts2nd-8 pts3rd-6 pts4th-5 pts5th-4 pts6th-2 pts7th-1 pt8th-0 ptThe top 20 will advance to the next round.Round of 20 - Players will be grouped together based on place in the preliminary stage.Each group will play one five handed match, the winner advances to the quarterfinals.Then the group will play one four handed match, the winner of that also advances to the quarterfinals.Quarterfinals - Players will be grouped together based on place in the round of 20.Each group will play one match, with the top 2 in each group moving onto the semifinals.Semifinals - The winner of one quarterfinal will be paired against the 2nd place finisher of the other.Each pair will play a best of three heads-up series with the winner advancing to the finals.Finals - The two semifinal winners will play a best of five heads-up series to determine the winner of the tournament.Payout Structure:Preliminary win: $40 (20 winners)Round of 20 win: $40 (8 winners)Quarterfinal top 2: $80 (4 winners)Semifinal win: $80 (2 winners)Final Win: $160 (one winner)General Tournament Rules:Groupings - Preliminary groupings will be randomly assigned using a specialized program written in Java which I will make available for download.Tiebreakers - At the table - In the event two players are knocked out in the same hand, the player entering the hand with more chips will place higher. In the event the players have the same amount of chips when eliminated, the players will take the average of the points awarded. For example, with four players left, two players with the same amount of chips are knocked out, the players will each be awarded 3rd place for 4 points (3rd + 4th, divided by 2).In the preliminary - In the event two or more players have the same amount of points, the tiebreakers will be as follows1. Wins2. 2nd place finishes3. 3rd place finishes4. 4th place finishes5. Head to head place (place in groups where matches were played together)In the event the players are still tied after these tiebreakers, and the 20th and 21th position are involved in a tie, a tiebreaking match will take place. If 20th and 21th place are not involved, a tiebreaking match is optional, and may be played by the tied players if they wish.In the Quarterfinal - In the event two or more players have the same amount of points, the tiebreakers will be the same as the preliminary tiebreakers.Substitutions:One substitution will be allowed during the preliminary stage. I must be notified by email or PM at least one hour before the match or your substitute will not be allowed to compete.Consolation Tournament:The 12 people eliminated in the round of 20 of the high buy in will be invited to play in a $350 added tournament. This tournament will follow standard rules. Buyin and payout are still yet to be decided.

So was the original money just a reservation or what? Since we have to still buyin to the sng's...

I was wondering this as well after reading the OP. And, if true, that will make this venture a little more expensive than I was planning. It will still be a blast though... and I'm looking forward to it.

iZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

I was wondering this as well after reading the OP. And, if true, that will make this venture a little more expensive than I was planning. It will still be a blast though... and I'm looking forward to it.

The original money is the buyin to the event, however, it is the nature of this kind of contest that people who are already mathematically eliminated to decide to save $5 and not show up for their last matches. This would be unfair to the people in that match as it would cut into their winnings. So, to break it down, $25 is for the event prize pool, and $25 is a 'security deposit' if you will, insurance that you will show up. For every match you show up for, you get $5 of that deposit back. It will end up being more expensive in the short term, as you will have to buy in yourself. However, after the finals when the payouts happen, your deposit will be returned to you. Simply put, whatever you spend on buyins, will be reimbursed to you throughout the entire tournament. Theoretically, you could spend $80 on buyins in this tournament, on top of the $50 you paid for the tournament. However, not only would you have already gotten a little bit for your efforts, the entire $80 would be paid back to you after the finals.

The original money is the buyin to the event, however, it is the nature of this kind of contest that people who are already mathematically eliminated to decide to save $5 and not show up for their last matches. This would be unfair to the people in that match as it would cut into their winnings. So, to break it down, $25 is for the event prize pool, and $25 is a 'security deposit' if you will, insurance that you will show up. For every match you show up for, you get $5 of that deposit back. It will end up being more expensive in the short term, as you will have to buy in yourself. However, after the finals when the payouts happen, your deposit will be returned to you. Simply put, whatever you spend on buyins, will be reimbursed to you throughout the entire tournament. Theoretically, you could spend $80 on buyins in this tournament, on top of the $50 you paid for the tournament. However, not only would you have already gotten a little bit for your efforts, the entire $80 would be paid back to you after the finals.

Thank you for the detailed explanation.

iZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

The original money is the buyin to the event, however, it is the nature of this kind of contest that people who are already mathematically eliminated to decide to save $5 and not show up for their last matches. This would be unfair to the people in that match as it would cut into their winnings. So, to break it down, $25 is for the event prize pool, and $25 is a 'security deposit' if you will, insurance that you will show up. For every match you show up for, you get $5 of that deposit back. It will end up being more expensive in the short term, as you will have to buy in yourself. However, after the finals when the payouts happen, your deposit will be returned to you. Simply put, whatever you spend on buyins, will be reimbursed to you throughout the entire tournament. Theoretically, you could spend $80 on buyins in this tournament, on top of the $50 you paid for the tournament. However, not only would you have already gotten a little bit for your efforts, the entire $80 would be paid back to you after the finals.

Bonus.

"Anyone who lives within their means suffers from a lack of imagination."

Anybody willing to switch their first day with me? Fridays aren't that great for me, so I'd appreciate if I could get my first match in on Mon, Tues, or Thurs by swapping with someone. Anyone interested?

Anybody willing to switch their first day with me? Fridays aren't that great for me, so I'd appreciate if I could get my first match in on Mon, Tues, or Thurs by swapping with someone. Anyone interested?

I would swap, if it is allowed. Friday would work better for me, and it would stop me from having to play the same guy 5 times.